Did you know? Alpine Apartments are NOT part of a body corporate
WE OFTEN hear people on the mountain referring to their apartment building as a ‘Body Corporate’ or ‘Owners Corporation’. These terms mean the same thing, however, Alpine apartment buildings (mostly) are not ‘owners corporations’ under the law.
In essence this means that Alpine apartment managers are not required to adhere to the obligations provided by each state’s owners corporation legislation and it may also mean that owners of individual apartments are not required to comply with legislative controls.
In practice, Alpine apartments behave like owners corporations. Similar obligations that are imposed on owners corporations by statute are imposed on Alpine companies (often created for the sole purpose of holding the Head Lease and managing the apartment building) by the Company Constitution or Apartment Rules.
With this said, if you ever have a Body Corporate issue, don’t be fooled into heading for your state’s strata or owners corporation legislations. We can advise or assist with enquiries or disputes concerning Alpine apartments.
PROPERTY: Body corporates are not so common in the Alpine property market.